Kurdistan sets stage for independent exports
The KRG is claiming Iraq's federal government owes $384 billion in reparations payments dating back to 1963 – a vast debt that it aims to recoup through autonomous oil and gas exports.
The final welded section of the KRG's Khurmala - Feyshkabour pipeline lies by trenching immediately south of oil storage tanks at DNO International's pumping station, 3km from the Turkey border, in November 2013. (PATRICK OSGOOD/Iraq Oil Report)
ERBIL - As Iraq's autonomous Kurdistan region nears completion of its direct oil export pipeline to Turkey, the government has finished laying a legal foundation that could, in effect, give it economic independence from Baghdad.
The Kurdistan Regional Government's (KRG) Minister of Martyrs and Anfal Affairs said Monday that Iraq's federal government owes $384.7 billion in reparations for acts committed against the country's Kurdish population.
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